According to the World Bank, the US$20 million project for St Lucia will help the country quickly access financial resources in case of an emergency, so it can respond faster and support its people.

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to ...

The World Bank Group today announced the launch of the next phase of its Private Sector Investment Lab, focused on implementing proven solutions at scale.

most were correlated to 2023 gross domestic product at purchasing power parity per capita – a measure of inclusive prosperity comparable across countries – as reported by the World Bank.

Since 1982, the DEC’s scholarship programs have helped to form a pool of over 7,000 well-trained and experienced development professionals and scholars, transforming their countries and positively ...

WASHINGTON (Reuters) -World Bank President Ajay Banga urged developing countries on Wednesday to ... clear rules of origin and less friction, could help offset these risks and actually expand ...

The body, which was set up in February 2023, is slated to hold a closed-door session next Wednesday during the spring meetings of the IMF and World Bank in Washington next week. "Countries with ...

The presence of at least ten current and future REDD+ projects places Cambodia among the leading countries in the world for REDD+ ... generated are being counted toward Cambodia’s Nationally ...